Math, asked by surendrasinghr6, 4 months ago

compound intrest is always greater than simple interest

Answers

Answered by Aʙʜɪɪ69

4

Step-by-step explanation:

With mortgages and most car loans, for example, simple interest accrues but does not compound. When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate.

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